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The completed worksheet for Chavarria Corporation as of December 31,201, after the company had completed the first month of operation, appears below. Required: 1. Prepare

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The completed worksheet for Chavarria Corporation as of December 31,201, after the company had completed the first month of operation, appears below. Required: 1. Prepare an income statement. 2. Prepare a statement of owner's equity. The owner made no additional investments during the month. 3. Prepare a balance sheet. Analyze: If the adjustment to Prepaid Advertising had been $6,800 instead of $3,400, what net income would have resulted? Analyze: f the adjustment to Prepaid Advertising had been $6,800 instead of $3,400, what net income would have resulted? Complete this question by entering your answers in the tabs below. Prepare an income statement. Analyze: f the adjustment to Prepaid Advertising had been $6,800 instead of $3,400, what net income would have resulted? Complete this question by entering your answers in the tabs below. Prepare a statement of owner's equity. The owner made no additional investments during the month. f the adjustment to Prepaid Advertising had been $6,800 instead of $3,400, what net income would have resulted? Complete this question by entering your answers in the tabs below. Prepare a balance sheet. the adjustment to Prepaid Advertising had been $6,800 instead of $3,400, what net income would have resulted? Complete this question by entering your answers in the tabs below. If the adjustment to Prepaid Advertising had been $6,800 instead of $3,400, what net income would have resulted

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